★ Find a new page to transcribe in our list of Untranscribed Manuscripts
Art. 13.
Art. 18 13 page. 5. [1] [Series ... extended upwards]
For uniformity and illustration' sake, the Public presents
as many gradations terms upwards as downwards: as
in the ascending series as in the descending,
many of the approved standard note, as submultiples
In the ascending series however, several
of the terms will probably be regarded as superfluous.
The reasons that which in the descending
scale plead (as hath been) in favour of insensibility
of gradation do not apply, at least in equal form
at least, to their ascending role. Contempt by reason
of minuteness is out of the question: and as the
series increase the purpose can be the hands into which the demand
for calculation lessens, while at the same time each step
carries conveys it into hands more and more competent to
the task.
The magnitudes that would be to be omitted, seem
to be 1. the £ £ 6553.42s Note: 2. the £ £ 3276:16 Note
3. the £ 1638:8:s note — without difficulty though instances
have occurred in which a sum greater larger
than the largest of the above has been compu contained
in a single Bank of England note. To these might not improbably be added — 1. the
£ 409:12:s Note: and 2. the on half of it — the £ £ 204:16:s Note.
As to the 819:4: £ Note, the 102:8: £ Note, the £ 51.4:s Note,
and the £ 25.12:s Note, the use of retaining them is —
that with the addition of the £ 1:12:s Note, they make
up exactly £1.000. By this means the series might
be crowned by a Note of a magnitude consecrated as it
were by special as well as practice; and the five
smaller
|
Identifier: | JB/002/421/001"JB/" can not be assigned to a declared number type with value 2. |
|||
|---|---|---|---|
|
not numbered |
|||
|
002 |
annuity notes |
||
|
421 |
art. 13 |
||
|
001 |
|||
|
text sheet |
1 |
||
|
recto |
f26 |
||
|
jeremy bentham |
|||
|
1160 |
|||
